Mānuka Health returns to profit

Mānuka Health has grown into a global brand. (Image: Hawkes Bay Today)

Thu, 21 Nov 2024

Mānuka Health is back in black after reporting a net profit of tax of $4.0 million this year, despite a fall in revenue. The mānuka honey exporter posted a net loss of $5.6m last year. Revenue from sales for the June 30, 2024 year was $110.8m, compared with $122.1m in 2023.Australasian revenues were $15.4m, down from $21.2m in 2023. Revenue from the rest of the world was $95.3m compared with $100.8m last year.The move from loss to profit has largely been driven by “other’ net operating income and expenses after taking...

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